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Updated over 6 years ago on .

User Stats

108
Posts
42
Votes
Paul C.
  • Atlanta, GA
42
Votes |
108
Posts

FHA 203k renovation loan - Atlanta, Georgia

Paul C.
  • Atlanta, GA
Posted

Hi, I am looking to purchase a cashflowing 2-4 unit duplex/quadplex that needs some renovation that will be owner occupied possibly using a FHA 203k loan. Does anyone know any agents, contractors and/or experts that have done this in the Atlanta area or have experience? I am trying to decide between using the 203k loan which I know limits my options or if I should use a combination of private money and a HELOC that I am applying for as we speak. What do you all think would be my best financing options? I would prefer to be able to refinance or somehow pull out equity relatively soon on the new property so that I can keep repeating the process.

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